Hey guys it’s time for another net worth update to keep me on my toes!
My current net worth
PhP 1,802,775.31 / USD 36,115.50
This is comprised of:
Real estate 44.93%
Stocks etc 9.22%
Retirement account 2.77%
Expectedly, there is a dip in net worth as I took on a depreciating asset, a car, the value of which I’ve fully depreciated by 20% in this update. I also anticipate a slight dent in my saving rate as I took on a 3-year car loan. We shall see how big the dent would be in the coming months.
On the plus side, frugal husband and I have been enjoying our new car, especially with the knowledge that we own half of it (made a 50% down-payment). Gas hasn’t been much of a problem as I abide by the frugal rule of only driving between cities / long distances. We also wash our car ourselves, but this is more a function of failing to find a nearby reliable car wash, lol.
Have you calculated your net worth lately?